Patrick Industries, Inc. (PATK)

NASDAQ: PATK · IEX Real-Time Price · USD
119.47
+1.55 (1.31%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

PATK has a market cap or net worth of $2.64 billion. The enterprise value is $3.83 billion.

Market Cap 2.64B
Enterprise Value 3.83B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 16, 2024

Share Statistics

PATK has 22.38 million shares outstanding. The number of shares has decreased by -10.00% in one year.

Shares Outstanding 22.38M
Shares Change (YoY) -10.00%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 6.43%
Owned by Institutions (%) 95.48%
Float 21.18M

Valuation Ratios

The trailing PE ratio is 18.38 and the forward PE ratio is 14.80. PATK's PEG ratio is 1.88.

PE Ratio 18.38
Forward PE 14.80
PS Ratio 0.76
Forward PS 0.68
PB Ratio 2.52
P/FCF Ratio 7.52
PEG Ratio 1.88
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.48, with an EV/FCF ratio of 10.92.

EV / Earnings 26.84
EV / Sales 1.11
EV / EBITDA 9.48
EV / EBIT 14.74
EV / FCF 10.92

Financial Position

The company has a current ratio of 2.38, with a Debt / Equity ratio of 1.15.

Current Ratio 2.38
Quick Ratio 0.57
Debt / Equity 1.15
Debt / EBITDA 2.98
Debt / FCF 3.44
Interest Coverage 3.77

Financial Efficiency

Return on equity (ROE) is 14.10% and return on invested capital (ROIC) is 8.63%.

Return on Equity (ROE) 14.10%
Return on Assets (ROA) 5.30%
Return on Capital (ROIC) 8.63%
Revenue Per Employee $346,805
Profits Per Employee $14,290
Employee Count 10,000
Asset Turnover 1.29
Inventory Turnover 4.56

Taxes

In the past 12 months, PATK has paid $48.36 million in taxes.

Income Tax 48.36M
Effective Tax Rate 25.29%

Stock Price Statistics

The stock price has increased by +77.86% in the last 52 weeks. The beta is 1.72, so PATK's price volatility has been higher than the market average.

Beta (1Y) 1.72
52-Week Price Change +77.86%
50-Day Moving Average 110.01
200-Day Moving Average 89.38
Relative Strength Index (RSI) 66.15
Average Volume (30 Days) 177,791

Short Selling Information

The latest short interest is 1.61 million, so 7.19% of the outstanding shares have been sold short.

Short Interest 1.61M
Short Previous Month 1.31M
Short % of Shares Out 7.19%
Short % of Float 7.60%
Short Ratio (days to cover) 6.23

Income Statement

In the last 12 months, PATK had revenue of $3.47 billion and earned $142.90 million in profits. Earnings per share was $6.50.

Revenue 3.47B
Gross Profit 782.23M
Operating Income 260.20M
Pretax Income 191.26M
Net Income 142.90M
EBITDA 404.74M
EBIT 260.20M
Earnings Per Share (EPS) $6.50
Full Income Statement

Balance Sheet

The company has $11.41 million in cash and $1.21 billion in debt, giving a net cash position of -$1.20 billion or -$53.42 per share.

Cash & Cash Equivalents 11.41M
Total Debt 1.21B
Net Cash -1.20B
Net Cash Per Share -$53.42
Equity / Book Value 1.05B
Book Value Per Share 46.70
Working Capital 426.14M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $408.67 million and capital expenditures -$57.63 million, giving a free cash flow of $351.05 million.

Operating Cash Flow 408.67M
Capital Expenditures -57.63M
Free Cash Flow 351.05M
FCF Per Share $16.31
Full Cash Flow Statement

Margins

Gross margin is 22.56%, with operating and profit margins of 7.50% and 4.12%.

Gross Margin 22.56%
Operating Margin 7.50%
Pretax Margin 5.51%
Profit Margin 4.12%
EBITDA Margin 11.67%
EBIT Margin 7.50%
FCF Margin 10.12%

Dividends & Yields

This stock pays an annual dividend of $2.20, which amounts to a dividend yield of 1.84%.

Dividend Per Share $2.20
Dividend Yield 1.84%
Dividend Growth (YoY) 28.21%
Years of Dividend Growth 5
Payout Ratio 33.85%
Buyback Yield 10.00%
Shareholder Yield 11.82%
Earnings Yield 5.41%
FCF Yield 13.30%
Dividend Details

Analyst Forecast

The average price target for PATK is $102.29, which is -14.38% lower than the current price. The consensus rating is "Buy".

Price Target $102.29
Price Target Difference -14.38%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 11, 2017. It was a forward split with a ratio of 3:2.

Last Split Date Dec 11, 2017
Split Type Forward
Split Ratio 3:2

Scores

PATK has an Altman Z-Score of 3.39 and a Piotroski F-Score of 7.

Altman Z-Score 3.39
Piotroski F-Score 7